Commercial surety bonds range from license and permit surety bonds such as motor vehicle dealer, mortgage broker, and contractor license surety bonds to business service, ERISA, and other surety bonds not required by state statute but by other companies in order to do business with them. Please take a look at the list below and select the bond that best fits your needs. Most commercial bonds are annual bonds, as they renew every year for as long as they are needed. The premiums for these are paid annually. Underwriting is based on the indemnitors personal credit, experience, as well as corporate and personal financial strength.